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What is the significance of the Molasses Act?

The purpose of the Molasses Act was to make more money for Great Britain by controlling trade among its colonies. This tax was meant to discourage the colonies from trading with the French West Indies for the molasses that they used to make their rum and force them to buy their molasses from Great Britain instead.Click to see full answer. Likewise, people ask, how did the Molasses Act affect the colonists?The American colonists protested the act, claiming that the British West Indies alone could not produce enough molasses to meet the colonies’ needs. The American colonists feared that the act’s effect would be to increase the price of rum manufactured in New England, thus disrupting the region’s exporting capacity.Additionally, what was the Molasses Act and why did Great Britain impose it? Molasses Act. An act for the better securing and encouraging the trade of his Majesty’s sugar colonies in America. 13), which imposed a tax of six pence per gallon on imports of molasses from non-English colonies. Parliament created the act largely at the insistence of large plantation owners in the British West Indies Similarly, why was the Molasses Act passed? 1733 – Molasses Act. To crack down colonial trade with countries other than Britain, especially France, the government created a new on foreign molasses. The Molasses Act of 1733 was enacted by the British Parliament on the 13 colonies of America with the purpose of protecting its sugar plantations in the West Indies.What was the British tax on foreign molasses entering the American colonies?Under the Molasses Act colonial merchants had been required to pay a tax of six pence per gallon on the importation of foreign molasses. But because of corruption, they mostly evaded the taxes and undercut the intention of the tax — that the English product would be cheaper than that from the French West Indies.

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